Measuring and predicting heterogeneous recessions

DOI10.1016/J.JEDC.2013.06.004zbMATH Open1402.91580OpenAlexW2113128052MaRDI QIDQ1994151FDOQ1994151

Authors: Cem Çakmaklı, Richard Paap, Dick van Dijk 

Publication date: 1 November 2018

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://papers.tinbergen.nl/11154.pdf

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zbMATH Keywords

Bayesian analysisbusiness cyclephase shiftsregime-switching modelsfinancial accelerator

Mathematics Subject Classification ID

Bayesian inference (62F15) Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82) Economic time series analysis (91B84)

Cites Work

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• A Check on the Robustness of Hamilton's Markov Switching Model Approach to the Economic Analysis of the Business Cycle
• Testing for duration dependence in economic cycles

Cited In (9)

• Re-evaluating Okun's law: why all recessions and recoveries are ``different
• Duration dependence in US expansions: a re-examination of the evidence
• Title not available (Why is that?)
• Forecasting a cyclical downturn (recession) in the US economy using a mathematical model of Hyman Minsky's theory of financial instability
• Predicting Recessions with Factor Linear Dynamic Harmonic Regressions
• Recessions and potential GDP: The case of Mexico
• The term spread as a monthly cyclical indicator: An evaluation
• Title not available (Why is that?)
• Predicting recessions using trends in the yield spread

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